Thursday, December 13, 2018

First Libra Pre-salt Oil Shipment Likely in Early January

Posted by December 1, 2017

Petróleo Brasileiro SA is likely to begin shipping oil from the Libra pre-salt area early in January, an executive at the Brazilian state-controlled oil company said on Friday.

Operations at Libra kicked off this week with an output of around 17,500 barrels of oil per day (bpd), Petrobras executive Fernando Borges said in a conference call with reporters. That is likely to rise to 40,000 bpd in 50 to 60 days, he added.
Reporting by Marta Nogueira; Writing by Bruno Federowski

Related News